Celestica Inc. (TSE:CLS - Free Report) NYSE: CLS - Cormark cut their FY2025 earnings per share estimates for Celestica in a report issued on Monday, October 21st. Cormark analyst J. Pytlak now forecasts that the company will post earnings of $4.94 per share for the year, down from their prior forecast of $4.95. The consensus estimate for Celestica's current full-year earnings is $5.03 per share.
Separately, TD Securities boosted their target price on Celestica from C$55.00 to C$61.00 and gave the stock a "buy" rating in a research report on Friday, July 26th.
Read Our Latest Stock Report on Celestica
Celestica Price Performance
CLS traded up C$14.52 during trading on Thursday, reaching C$93.99. 2,223,813 shares of the stock were exchanged, compared to its average volume of 632,886. The business's 50 day moving average price is C$69.88 and its two-hundred day moving average price is C$70.71. The company has a debt-to-equity ratio of 52.78, a current ratio of 1.47 and a quick ratio of 0.54. The company has a market capitalization of C$11.15 billion, a price-to-earnings ratio of 22.27, a P/E/G ratio of 0.14 and a beta of 2.23. Celestica has a 1 year low of C$28.90 and a 1 year high of C$94.76.
Celestica (TSE:CLS - Get Free Report) NYSE: CLS last posted its quarterly earnings results on Wednesday, July 24th. The company reported C$1.17 earnings per share for the quarter, beating analysts' consensus estimates of C$0.99 by C$0.18. The firm had revenue of C$3.27 billion for the quarter, compared to the consensus estimate of C$3.09 billion. Celestica had a return on equity of 20.99% and a net margin of 4.16%.
About Celestica
(
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Celestica Inc provides supply chain solutions in North America, Europe, and Asia. It operates through two segments: Advanced Technology Solutions, and Connectivity & Cloud Solutions. The company offers a range of product manufacturing and related supply chain services, including design and development, new product introduction, engineering services, component sourcing, electronics manufacturing and assembly, testing, complex mechanical assembly, systems integration, precision machining, order fulfillment, logistics, asset management, product licensing, and after-market repair and return services.
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